How Do You Add Money To Bitcoin

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  1. How Do I Add Money To Bitcoin Wallet
  2. How To Send Money With Bitcoin

Treat a paper wallet like a piggy bank: Add funds as often as you like, but only import (or 'sweep') your funds once. How to transfer bitcoins to a paper wallet Open your live wallet software (e.g. Mycelium, Bread, Trezor) or web-based wallet (e.g. Blockchain.info, coinbase.com) and send funds from your live wallet to the public address shown. After that, click on the arrow at the bottom of the form to select the method for receiving electronic money. As you can see, the process of replenishment with the help of a terminal is slightly different from how to put money in your bitcoin wallet through Yandex.Money. However, both options are not complex and can be performed within 5 minutes.

Treat a paper wallet like a piggy bank: Add funds as often as you like, but only import (or 'sweep') your funds once.

How to transfer bitcoins to a paper wallet

Open your live wallet software (e.g. Mycelium, Bread, Trezor) or web-based wallet (e.g. blockchain.info, coinbase.com) and send funds from your live wallet to the public address shown on your paper wallet. After transferring the funds, search for your public key on blockchain.info to see the progress of your transaction.

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How to withdraw/spend bitcoins using a paper wallet

The way you will access your funds will be to 'import' or 'sweep' your paper wallet. This effectively transfers the coins from your paper wallet to a live wallet (e.g. Mycelium or Trezor) or to an exchange service (e.g. Coinbase.com). You should always sweep the complete balance, as it's generally not safe to try to spend just a portion of the funds on your paper wallet.

How do you send bitcoin

Virtually any wallet software or Bitcoin service that includes a 'import private key' or 'spend from cold storage' feature will accept the private key hidden beneath the folds of your paper wallet. However, not 100% of wallets have this feature. For example, Coinbase.com cannot directly sweep your paper wallet. In this case, it is recommended that you use software such as Mycelium (Android) or Bread (IOS) to sweep your paper wallet and send the funds to your Coinbase

How Do I Add Money To Bitcoin Wallet

Important note for BIP38-encrypted paper wallets

How To Send Money With Bitcoin

Not many bitcoin wallet applications or web services are able to directly import BIP38 password-protected private keys. In this case, you will have to use the 'Validate' feature on the generator to extract the unencrypted Wallet Import Format (WIF) key as an intermediate step before sweeping the balance.